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we love the fact that we can recruit folks from anywhere in the world and not disrupt their lives, since we are completely remote. it opens up a much wider talent pool and allows you to benefit from local economies as well, without actually being there.

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Companies seem to forget (or not put much emphasis on) another aspect of having telecommuters: you don't get tunnel vision due to locality. I've worked for offices around the globe, and one thing that's always struck me about remote vs local is that remote can bring in a new way of thinking that you don't always get locally due to local cultural thought processes.

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